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The Association to Advance Collegiate Schools of Business


The Association to Advance Collegiate Schools of Business

Association to Advance Collegiate Schools of Business
Abbreviation AACSB
Formation 1916
Type NGO
Purpose/focus educational accreditation

The Association to Advance Collegiate Schools of Business (AACSB) was founded in 1916 to accredit schools of business. The first accreditations took place in 1919.[1] The current mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services.[2] It is regarded as the benchmark for business school quality among the academic community.[3] In 1991, the AACSB adopted new accreditation standards that were more flexible.[4]

For many years, only North American business schools were accredited by AACSB (at that time, AACSB stood for American Association of Collegiate Schools of Business). It was an early supporter of internationalizing business education.[5] The first school outside North America to be accredited was the top French business school ESSEC, in 1997. In 2009, AACSB opened its first regional headquarters in Singapore.[6] Singapore Management University is the youngest university to receive accreditation in 2011. [7] Indian School of Business is the first South Asian institute to have the accreditation.[8]

Its founding members were:[9]

As of December 2012, AACSB has accredited more than 650 institutions in nearly 50 countries and territories. An institution can be accredited in business, or in both business and accountancy.[10]

On July 1, 2013, Robert S. Sullivan, Dean of Rady School of Management, was named the chair of the AACSB.[11]

The latest schools to receive the accreditation include:[12][13][14][15] [16]

AACSB membership should not be confused with AACSB accreditation, as the organization has more members than accredited institutions.

See also


External links

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